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The founder of the world's biggest hedge fund just railed at the New York...
Billionaire Ray Dalio just went off on the New York Times again – this time at one of the newspaper's own events."I'd like to talk about the ridiculous New York Times article," Dalio told moderator and...
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David Tepper is long the market up to his eyeballs
Good morning. Amid headlines of doom, gloom, and confusion in Washington, billionaire hedge fund manager David Tepper is long."I don't think the market's cheap," he told CNBC on Wednesday morning, "but...
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What it's like to be a woman in the hedge fund business
Women have a long way to go on Wall Street, and nowhere is this more true than in the hedge fund industry, where only 15% of CEOs are women. While women often hold marketing and compliance roles, they...
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A brutal chart shows how investors have been failed by hedge funds
Deutsche Bank just came out with its annual survey on the state of the hedge fund industry. Among the findings: investors in hedge funds haven't been getting close to the returns they expected for the...
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A hedge fund with big-name backing has suffered another blow
Folger Hill Asset Management, a hedge fund backed by Leucadia, has suffered another blow. Rayne Gaisford, the director of risk management, left in recent weeks and plans to work in consulting,...
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One stock helped decimate Bill Ackman's hedge fund performance (VRX)
Bill Ackman just announced that he has sold out of his hedge fund's Valeant stock holding, a position that has cost the fund dearly.Ackman's firm, Pershing Square Capital, invested in Valeant two years...
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And yes, Valeant's stock is getting hammered (VRX)
Valeant's stock is down around 9%, sliding on the news that investor Bill Ackman's hedge fund, Pershing Square, is unloading its entire stake in the company.This ends a three-year involvement with the...
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A $5.5 billion hedge fund is stepping in where banks fear to tread — and...
A $5.5 billion hedge fund is making a killing by stepping in to an area of business that European banks are pulling out of.Chenavari Investment Managers, a London-based hedge fund firm, says it is one...
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Here's how much Valeant short sellers have been killing it ever since Bill...
A quick note on Valeant Pharmaceutical short sellers from Wall Street analytics firm, S3 Partners– something to give a little context to hedge fund billionaire Bill Ackman's exit from the company."VRX...
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Dan Loeb's Third Point is looking to win fresh money
Dan Loeb's Third Point is looking to raise fresh money. The fund opened to new money around six months ago, according to people familiar with the matter. The minimum investment is $10 million for those...
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A top hedge fund manager has the same response every time someone compliments...
Whenever someone compliments hedge fund manager Loic Fery on his fund's performance, he has the same response."I always invite them to meet in another 10 years to reconsider," Fery, the CEO of $5.5...
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'I think it benefits everybody': Hedge fund managers are cheering Trump
Some hedge funders are happy about what Trump can do for their industry.At the Absolute Return Symposium on March 16, four out of the five hedge funders polled on a panel said they thought that the...
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$13 BILLION FUND: The hedge fund industry has a PR problem
The hedge fund industry would be more likable if only better PR teams managed their outreach, says an exec at one of the industry's top funds."Hedge funds should hire the same PR firm that private...
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Wall Street has been 'turned upside down'
It was supposed to be the age of the asset owner. Post-financial crisis, the investment banks that had once ruled finance were brought to their knees, and the asset managers suddenly had all the...
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One of the biggest hedge fund launches in recent memory is prepping to double...
One of the biggest hedge fund launches in recent memory is planning to double its investment team and more than double its assets.UK-based Rokos Capital Management, which makes macroeconomic bets, is...
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$1.4 BILLION HEDGE FUND: 'We are now in the early part of a major M&A wave...
A $1.4 billion hedge fund expects a new wave of tech M&A, particularly in software, as new kinds of buyers come to the fore."The types of companies looking to acquire software businesses have...
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One of the biggest hedge fund launches of all time is shutting down
Eton Park Capital Management is shutting down.In a letter sent to investors on Thursday, founder Eric Mindich wrote:"A combination of industry headwinds, a difficult market environment and,...
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Here are 48 hedge fund terms every investor should know
For many investors, hedge funds appear to be shrouded in mystery.There’s a practical reason for this. The best hedge funds are extremely careful about protecting their ideas and tactics, because they...
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Some of the biggest hedge funds are closing — here's what it takes to launch...
Around midday on March 23, the news that a once vaunted hedge fund would close started rippling through New York's hedge fund community.Eton Park Capital Management, a $7 billion hedge fund run by...
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Here's the Bill Ackman apology Wall Street's been waiting for (VRX)
Hedge fund billionaire Bill Ackman is not known around Wall Street for his humility. But after riding Valeant Pharmaceutical's stock down from a peak of $279 in 2015, to around $11 this month, he has...
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